WNBA has gained significant popularity over years, making it the highest paid women league worldwide. In 2019, the WNBA’s average annual salary reached 75.18 thousand U.S. dollars per player and total salaries approximated to 10.83 million U.S. dollars.
How much money does the WNBA make a year?
HOW MUCH REVENUE DOES THE WNBA GENERATE? The WNBA generates revenues of $60 million annually, but it also has costs in excess of $70 million annually. So, the WNBA does not make money. It has turned an average $10 million net loss (revenue costs) per year, since its inception in 1996.
How much did the WNBA make in the 2019/2020 season?
In comparison, players in the WNBA received annual pay of 75,181 U.S. dollars and the league total salaries stood at 10.83 million U.S. dollars.
Average annual salaries in the NBA and WNBA in 2019-2020 (in 1,000 U.S. dollars)
|Characteristic||Salary in 1,000 U.S. dollars|
How much money did the WNBA make in 2018?
Last year, of the $60 million in revenue of the WNBA, about $12.3 million is paid out to the players, which equates to just over 20% of the total revenue.
How much did the NBA earn 2019?
NBA league revenue
The teams of the NBA generated combined revenues of around 7.92 billion U.S. dollars in the 2019/20 season. This marks a slight decrease on the figure from the 2018/19 season, which stood at a record 8.76 billion U.S. dollars.
Who is the richest WNBA player?
In terms of average annual salary, players on the Phoenix Mercury, such as star player Diana Taurasi, brought home over 81 thousand U.S. dollars in 2019, more than any other team.
Is WNBA losing money?
Revenues, of course, are not to be confused with profits. All of which leaves the WNBA a little short of money. NBA commissioner Adam Silver reports that the WNBA has lost an average of $10 million every year it has existed, which the NBA subsidizes out of the goodness of its politically correct heart.
Who is the lowest paid WNBA player?
The minimum salary for an WNBA player with two years of service will rise from $42,728 annually to $57,000 beginning in 2020.
Who is the lowest paid NBA player right now?
The lowest paid player for the Los Angeles Clippers in the 2020-21 NBA season is Daniel Oturu who will be paid a guaranteed $898,310.
What is the lowest paid NBA player?
The statistic shows the minimum player salary in the National Basketball Association from 2017 to 2023. The minimum salary for players in the NBA amounted to just over 925 thousand U.S. dollars in the 2021 season.
Why do WNBA players get paid less?
To put it simply, the WNBA does not have the funds to pay salaries comparable to the NBA average; therefore, people cannot expect the two leagues to have equal pay. One main cause of the disproportionate revenue between the two leagues is viewership.
Why is WNBA not popular?
Some reasons they list that WNBA will never be a popular sport is: Too political. Men don’t like to watch women try to act like men. … The majority of the sport’s fans don’t crave watching women’s professional basketball.